Delivered 2025

Canal District - MerryLand Quy Nhon

Name: Canal District
Address: VN

Vietnam's longest man-made canal commerce promenade (3.5 km) lined with Bizhouse shophouses designed around a night-economy concept.

💰 8 tỷ – 65 tỷ🏗️ Delivered 2025🏢 1200 units

Bizhouse shophouse promenade wrapped around a 3.5 km man-made canal network, with roughly 1,200 units across 36 themed streets blending Americana, European, and Asian architectural styles. Positioned as a night-economy commerce zone at the heart of the peninsula.

Part of

MerryLand Quy Nhơn

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Project news

Canal District: Bizhouse Europe sub-zone actively under construction as of April 2026

Construction · Apr 2026 · sanhungthinhland.com

Price & Market

Unit price	8 tỷ – 65 tỷ
Rent	30 triệu – 75 triệu/mo
Launch price	45,5 triệu/m²

Est. Rental Yield1.7%

•🟢 Scale and concept are genuinely unique — no other central-Vietnam coastal project combines golf, marina, Bizhouse, and branded hotels on one peninsula.
•🟡 Bizhouse only works if tourism density materializes — upside depends on Quy Nhơn drawing Nha Trang / Đà Nẵng-level visitation.
•🟡 Marina District condotel resale liquidity is unproven — central-Vietnam condotel secondary market is still thin.
•🔴 Hưng Thịnh's public liquidity stress over recent years is the dominant risk — handover timelines have slipped at sibling projects.

Market Trends

Pricing has been driven by developer launches rather than resale, with Bizhouse and Marina condotel dominating primary sales. Secondary activity is thin and depends on how fast tourism infrastructure around the peninsula comes online.

Unit Types

Townhouses

Townhouse

3 Beds · 4 Baths · 200–400 m²

8 tỷ – 23,6 tỷ

—

Rent: 30 triệu - 60 triệu/mo

Growing families

Shophouses

Bizhouse Premium

5 Beds · 6 Baths · 85–1036 m²

42 tỷ – 65 tỷ

—

Rent: 40 triệu - 75 triệu/mo

Growing families

Compare sub-zones

How this sub-zone compares to others in the master development

Sub-zone	Status	Beds	Area	Price/m²	Handover
Canal DistrictOnly with Shophouse	Delivered 2025	3-5	85-1036 m²	—	2025
Marina DistrictOnly with Apartment	Under construction	0-3	30-180 m²	40 triệu/m²	NaN

Project Details

Status	Delivered 2025
Completion	2026
Total Units	1200

Legal Information

Handover	2025-08
Construction Permit	Approved
Pink Book	pending
Legal Notes	Bizhouse shophouses on commercial-service land carry long-term ownership. No specific regulations yet govern certificate issuance procedures for Bizhouse-type structures on commercial-service land — awaiting legal guidance. First batch of Bizhouse units delivered Aug 2025; Bizhouse Europe sub-zone actively under construction as of May 2026. Construction permit approved.

Amenities

👨‍👩‍👧 Family: Family-oriented amenities are clustered in public squares, canal walkways, and on-site resort zones. No dedicated international school or hospital on the peninsula — nearest options are in central Quy Nhơn ~15 km away.

🏋️ Fitness: Greg Norman 18-hole hillside golf course (~152 ha), yacht marina for water sports, infinity and beachfront pools at Marina District towers.

🏖️ Lifestyle: Canal District Bizhouse promenade with 36 themed streets, Snow World indoor attraction, outdoor performance square, yacht marina, and 5-star hotel partnerships including Marriott and Best Western.

🛒 Convenience: Shuttle service within the peninsula. Two road access routes since February 2026: Thị Nại Bridge (primary) and the Hải Giang Bridge (2 km sea crossing, opened February 2026). Phù Cát Airport (~50 min away) is completing its second runway; commercial operations are now targeted from October 2026 (slipped from an earlier July 2026 target), with the first international charter flights expected by end of 2026 and regular international service targeted for 2027.

At this phase

🔥 BBQ AreaShophouse Street

Across MerryLand Quy Nhơn

🌳 Garden🧒 Play Area🔒 Security🅿️ Car Parking🚌 Shuttle Bus🏍️ Motorbike Parking

Sub-zones

🏢

Chamm Legacy Apartment

0 listings

1,35 tỷ - 4 tỷ

39 triệu - 42 triệu/m²

0-3 BD · 30-110 m²